FluentPet

FluentPet

Your dog has a lot to say—our technology gives them a voice

Print
Claim My Business
View on Republic
Security Type
Crowd SPA
Categories
Consumer Goods & Products
Min Investment
$100
Location
San Diego, CA
Offering Date
October 04, 2021
Expected Close Date
December 31, 2021
Target Raise
$25.00K-$1.07M
Valuation
$16,000,000
Website
fluent.pet/

Company Description

53% of American households own dogs. For most of us, they’re part of the family—and cognitive scientists are discovering that their ability to think and feel is more developed than we ever imagined.

CleverPet is a San Diego company founded by cognitive scientists that designs and manufactures the FluentPet System. FluentPet is a system of recordable sound buttons and connecting HexTiles that enables dogs, cats, and other animals to express themselves and be understood by humans.

Key Deal Facts

FluentPet sound buttons enable rich, language-like communication with pets
Used by Bunny, the talking dog with 6.7M TikTok followers
Thriving user community at How.TheyCanTalk.org
Over $3.3M trailing 12 month revenue as of June 2021
Over 40k orders and solidly profitable—$356k income on $977k sales for Q1
Major university research collaboration featured in NY Times & The Verge
Upcoming app and next-gen hardware to cement market leader position

Management Team / Advisory Board Bios

Leo Trottier, Founder and CEO
Product Developer, and Cognitive Scientist trained at the University of Toronto and UC San Diego. Founder and CEO Leo Trottier studied cognitive science and A.I. at the University of Toronto, and from there went straight to UC San Diego’s PhD program in cognitive science. He left the program to found CleverPet, and has since led a successful Kickstarter campaign, raised over $2M in investor funding, and launched the CleverPet Hub.

Jelmer Tiete, Hardware and Manufacturing Lead
PhD Cand., Vrije Universiteit Brussel

Alexis Devine, Lead FluentPet Guide
Artist and teacher of Bunny the Dog
Amount Raised : $711,113
Reveal the Score by Voting
＿
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Crowd SPA (Stock Purchase Agreement) is a simple agreement to acquire an ownership stake in a corporation.

Research Reports

No reports have been submitted

Become a Reporter
Read Our Research Disclaimer

0 Comments

Post Comment